financial derivatives exchange of mcxdx
TRANSCRIPT
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Products Traded in MCX
• MCX offers futures trading in bullion, ferrous and non-ferroenergy, and a number of agricultural commodities (mentha ocardamom, potatoes, palm oil and others)
http://en.wikipedia.org/wiki/Multi_Commodity_Exchangehttp://en.wikipedia.org/wiki/Multi_Commodity_Exchange
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Futures
•A futures contract is a standardised contract beteen to pa
buy or sell a specified asset of standardi!ed "uantity and "ua price agreed upon today (the futures price or stri#e price) iand payment occurring at a specified future date, the deli$ery
• The contracts are negotiated at a futures e&change, hich act
intermediary beteen the to parties
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'ullion• 'ullion refers to precious metals in bul# form hich are
regularly traded on commodity mar#ets
• The $alue of bullion is typically determined by the $aluof its precious metals content, hich is defined by its
purity and mass
• The specifications of bullion are often regulated by mar bodies or legislation
• old, old *+, old M, i-gold, il$er, il$er *+,
il$er M,, il$er Micro
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Ferrous and *on-Ferrous metals
• Aluminium, Copper, ead, *ic#el, teel ong ('ha$nagar), ong (o$indgarh), teel Flat, Tin, .inc
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/nergy 0 Petrochemicals
•/*/12
• 'rent Crude 3il, Crude 3il, Furnace 3il, *atural as, M% /% our
ATF, /lectricity(*o delisted), Carbon Credit
• P/T13C/M+CA
• 4P/, Polypropylene(PP), P5C
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Agricultural Commodities
• FIBER
• Cotton taple, Cotton M taple, Cotton taple, Cotton 2arn, 6apas, 7ute
• SPICES
• Cardamom, 7eera, Pepper, 1ed Chilli, Turmeric, Cumin eed, Coriander
• PULSES
• Chana, Masur, 2ello Peas, Tur, 8rad
• PLANTATIONS
• Arecanut, Cashe 6ernel, Coffee (1obusta), 1ubber
• OIL & OIL SEEDS
• Castor 3il, Castor eeds, Coconut Ca#e, Coconut 3il etc
• CEREALS
• Mai!e, 'arley, 1ice, harbati 1ice, 'asmati 1ice, 9heat
• OTHERS
• uargum, uar eed, urcha#u, Mentha 3il, Potato (Agra), Potato (Tar#eshar)
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Products Traded in MCX X
•
/"uities• 4eri$ati$es
• /"uity deri$ati$es
• +nterest rate deri$ati$es
• +nitial public offering
• 4ebt
• Currency rate deri$ati$es
• The /&change recei$ed permissions to deal in +nterest 1ate 4eri$ati$es, /"u0 3ptions on /"uity and 9holesale 4ebt egment, $ide /'+:s letter dated=
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Cash Settled Interest Rate Futures (IRF) onGovernment of India (GOI) Securityescri!tio
nSecurity escri!tion
Sym"ol 840GS2024 883GS2023
#nderlyin$
%&'0 Central Government Security havin$ maturity on uly *%+ *0*'%&%, Central Government Security havin*.+ *0*,
Instrument /y!e
F#/IRF
#nit oftradin$
ach futures contract shall re!resent *000 underlyin$ "onds of total face value of IR *+00+000-&
2uotation3rice2uote
One 4ond of face value 100
/ic6 si7e 0&*. !aise or IR 0&00*.
/radin$hours
8onday to Friday
9:00 a&m& to .:00 !&m&
Contracttradin$cycle
8a;imum of /hree serial monthly contracts of maturity of one-month+ t
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/"uity Trading in MCX X
•
Moc# Trading in e"uity conducted on ;>th
*o$ =
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•
The latest mo$e by MCX-X is bound to increase the compethe currency options segment, hich is currently dominated
*ational toc# /&change (*/)%
• +n 7uly B;=, */ registered a total turno$er of 1;%?= la#h cr
currency options%
• The 8nited toc# /&change (8/) also offers trading in curroptions but the $olume is negligible%